Stock market's big rally, inflation could mean Fed has only one rate cut left before a pause, says CIO
Wednesday's inflation reading, while ticking up to a 2.6% yearly rate as expected, continues to hold above the Federal Reserve's 2% target. Combining that with the easing of financial conditions on the heels of a powerful rally in the stock market in early November could drive the Fed to cut rates only one more time before taking a pause,
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U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...
U.S. stock index futures had reversed early losses following the ... Expectations for a 25-basis point interest rate cut at the Fed's December meeting jumped to 82% after the data, from around 58% ...
Markets Insider on MSN6d
Stock market today: Stocks extend post-election rally as the Fed cuts interest ratesHere's where US indexes stood at the 4:00 p.m. closing bell on Thursday: Major indexes gained as the Fed cut rates by 25 ...
Indexes edged up on Thursday, heading for another day of gains after Donald Trump's election victory fueled a massive rally ...
The Associated Press - Business News on MSN6d
Stock market today: Most of Wall Street rises after the Fed cuts interest ratesU.S. stocks are ticking higher ahead of the Federal Reserve’s announcement coming later in the afternoon about what it will ...
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